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Local lender, Orient Bank is getting a revamp, ending a nearly 30-year history in Uganda. The lender is ditching its name to I&M Bank (Uganda) following the latter's decision to acquire a 90% ...
In Uganda, Orient Bank Limited has since 1993 registered steady growth in the number of branches that had even grown up to 20 but reduced to 14 across the country as of November 8.
Bernard Magulu is Orient Bank's new Executive Director. He replaces Maxwell Ibeanusi who has been the Bank's MD since 2009. ... Uganda: New Orient Bank Boss Confident. 27 April 2014.
I&M Group which will trade as I&M Bank Uganda completed the acquisition of the Orient Bank on April 30, 2021, after receiving regulatory approval.
I&M Holdings #ticker:I&M plans to acquire a 90 percent stake in Uganda’s Orient Bank Limited in a transaction in which it will spend more than Sh2 billion.
Kenyan lender I&M Holdings has struck a deal to buy 90% of the shares in Orient Bank Uganda, it said in a filing released by the Nairobi bourse on Monday. NAIROBI, July 20 (Reuters) - Kenyan ...
I&M Holdings Plc has announced the majority acquisition of Orient Bank Limited from 8 miles LLP and Morka Holdings Limited, CNBC Africa spoke with the Regional Director of the institute, Chris Low ...
I&M Group estimates that a four-month delay to approve its acquisition of Orient Bank cost the Ugandan subsidiary more than Sh10.7b in the period ended December 2021. In details contained in the ...
Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...
Uganda's central bank sold dollars on Monday after the shilling fell in early trading to test the key 2,400 per dollar level, possibly in reaction to last week's riots, traders said.